Posts in Economics
Wish I'd said that - December 30, 2020

“Armen Alchain once made a very important comment. He said, ‘You know, there is one thing you can trust everybody to do. You can trust everybody to put his interest above yours.’”

Milton Friedman “Economic Freedom, Human Freedom, Political Freedom.” (Inaugural address of The Smith Center November 1 1991”

Wish I'd said that - December 9, 2020

“In their political arrangements, men have no right to put the well-being of the present generation wholly out of the question. Perhaps the only moral trust with any certainty in our hands is the care of our own time. With regard to futurity, we are to treat it like a ward. We are not so to attempt an improvement of his fortune as to put the capital of his estate at risk.”

Edmund Burke An Appeal from the New to the Old Whigs